One Horizon Group Inc (NASDAQ:OHGI) major shareholder Zhanming Wu acquired 2,000,000 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was bought at an average cost of $0.13 per share, with a total value of $260,000.00. Following the completion of the acquisition, the insider now directly owns 2,000,000 shares in the company, valued at $260,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of One Horizon Group Inc (NASDAQ OHGI) traded up $0.02 during midday trading on Thursday, reaching $1.08. The company’s stock had a trading volume of 150,000 shares, compared to its average volume of 242,071. One Horizon Group Inc has a 52-week low of $0.57 and a 52-week high of $2.82.
ILLEGAL ACTIVITY WARNING: This story was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://ledgergazette.com/2017/12/14/one-horizon-group-inc-ohgi-major-shareholder-zhanming-wu-purchases-2000000-shares.html.
One Horizon Group Company Profile
One Horizon Group, Inc is engaged in the development and licensing of software for mobile voice over Internet protocol (VoIP). The Company’s operations include the licensing of software to telecommunications operators and the development of software application platforms that optimize mobile voice, instant messaging and advertising communications over the Internet.
Receive News & Ratings for One Horizon Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for One Horizon Group and related companies with MarketBeat.com's FREE daily email newsletter.